Financial Literacy (Year 10)

20 termsStudBud Administration76 plays

Recap questions for a NZ year 10 social studies class who were studying financial literacy.

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
A person who learns a trade and gains a qualification while they work is called an?
Apprentice
Appendage
Actor
Aardvark
2
A mortgage is?
A type of profession
Money paid to a landlord
Money paid to buy a property
Income tax
3
Which one is not a profession?
Shop Assistant
Police Officer
Accountant
Automotive Engineer
4
The majority of people's income paid is from?
Benefit
Work
Lotto
Money Tree
5
A budget is?
A female budgie
Weekly income
An important tool to track your spending
A waste of time
6
What does 'in the red' mean?
You're in credit
You're in debt
You're angry
You're dressed in red
7
The correct term for 'the hole in the wall' is?
ATM
ANZ
ASB
EFTPOS
8
What is the term for when a percentage of your income goes to the church?
Teething
Tithing
Taxing
Collection
9
Whose image appeared on the first ever Reserve Bank of New Zealand bank note?
Jacinda Adern
Mr Wickett
King Tāwhiao
Queen Elizabeth II
10
What does 'in the black' mean?
You're dressed in black
You're in debt
You're in credit
You're in the dark
11
Who needs to pay tax?
Anybody who earns money
People 18 and over
No-body
People 18 and under
12
What does net pay refer to?
Catching money with a net
Income before tax
Not Enough Tax
Income after tax
13
On which coin does the kotuku appear?
50 cent coin
$1 coin
10 cent coin
$2 coin
14
What groups of workers are well-known to pay remittance?
School children
Migrant Workers
Taxation Officers
Beneficiaries
15
What type of income would you be earning if you were paid $70 000 per annum?
Salary
Wages
Commission
Benefit
16
Fa'alavelave is from what culture?
Italian
Fijian
Egyptian
Samoan
17
Sir Apirana Ngata appears on which Reserve Bank of NZ note?
$5 note
$50 note
$100 note
$20 note
18
PAYE stands for?
Pay as you earn
Pay and you eat
People at your event
Play after you earn
19
Kiwisaver is?
A type of kiwifruit
A N.Z retirement savings scheme
A kiwi with a moneybox
A tax on income
20
Gross pay means?
Great Riches of Super Savers
Ooh, that money is sooo gross
Income received after tax
Income received before tax

Financial Literacy (Year 10) Flashcards | StudBud

Financial Literacy (Year 10)

20 termsStudBud Administration76 plays

Recap questions for a NZ year 10 social studies class who were studying financial literacy.

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
A person who learns a trade and gains a qualification while they work is called an?
Apprentice
Appendage
Actor
Aardvark
2
A mortgage is?
A type of profession
Money paid to a landlord
Money paid to buy a property
Income tax
3
Which one is not a profession?
Shop Assistant
Police Officer
Accountant
Automotive Engineer
4
The majority of people's income paid is from?
Benefit
Work
Lotto
Money Tree
5
A budget is?
A female budgie
Weekly income
An important tool to track your spending
A waste of time
6
What does 'in the red' mean?
You're in credit
You're in debt
You're angry
You're dressed in red
7
The correct term for 'the hole in the wall' is?
ATM
ANZ
ASB
EFTPOS
8
What is the term for when a percentage of your income goes to the church?
Teething
Tithing
Taxing
Collection
9
Whose image appeared on the first ever Reserve Bank of New Zealand bank note?
Jacinda Adern
Mr Wickett
King Tāwhiao
Queen Elizabeth II
10
What does 'in the black' mean?
You're dressed in black
You're in debt
You're in credit
You're in the dark
11
Who needs to pay tax?
Anybody who earns money
People 18 and over
No-body
People 18 and under
12
What does net pay refer to?
Catching money with a net
Income before tax
Not Enough Tax
Income after tax
13
On which coin does the kotuku appear?
50 cent coin
$1 coin
10 cent coin
$2 coin
14
What groups of workers are well-known to pay remittance?
School children
Migrant Workers
Taxation Officers
Beneficiaries
15
What type of income would you be earning if you were paid $70 000 per annum?
Salary
Wages
Commission
Benefit
16
Fa'alavelave is from what culture?
Italian
Fijian
Egyptian
Samoan
17
Sir Apirana Ngata appears on which Reserve Bank of NZ note?
$5 note
$50 note
$100 note
$20 note
18
PAYE stands for?
Pay as you earn
Pay and you eat
People at your event
Play after you earn
19
Kiwisaver is?
A type of kiwifruit
A N.Z retirement savings scheme
A kiwi with a moneybox
A tax on income
20
Gross pay means?
Great Riches of Super Savers
Ooh, that money is sooo gross
Income received after tax
Income received before tax